Subject: Re: $899
Otherwise, no need to panic.

I think the threat to other nations is more germane than to particular personal tax interactions. When investing in a foreign environment, the decision (whether by individuals, institutions or governments) should consider a variety of variables - including political/governmental/environmental and other potential risks. If doing this quantitatively, deriving an objective expected value of the investment could be dramatically slewed by this risk - demanding a much higher yield than currently paid on US investment to compensate for the increased risk of ownership penalties.

Of course, to the unwashed masses, this clause doesn't just sound reasonable, but laudable, as it punishes those who have been responsible for pushing us into deficit by buying our bonds (hey guys/gals, I wish this sort of thinking was a joke, but it sits on the shelf next to countries who have been ripping us off for decades by putting us into a trade deficit.

Jeff